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UPM Biofuels wins the Bioenergy Industry Leadership award in the 2017 Platts Global Energy AwardsSystem Account2017-12-08T10:00:00Z<p class="hugin">(UPM, Helsinki, 8 December 2017 at 10&#58;00 EET) - UPM Biofuels was chosen as the Bioenergy Industry Leader at the 2017 Platts Global Energy Awards - often described as the Oscars of the energy industry. The competition was arranged by S&amp;P Global Platts, the leading independent provider of market information and benchmark prices for commodities in the energy sector.</p> <p class="hugin">UPM Biofuels was nominated for its wood-based low emission advanced UPM BioVerno biofuels, and its one-of-a-kind commercial scale biorefinery in Lappeenranta, Finland. The choice was made among energy companies from nearly 30 countries representing four continents, including some of the world's leading energy giants.</p> <p class="hugin">In the Industry Leader Award Bioenergy category, all finalists were innovative operators developing sustainable bioenergy solutions. The independent panel of judges was impressed by UPM Biofuels' innovativeness, leadership and operational excellence as well as its ability to minimise undesirable environmental impacts. The winner of the bioenergy leadership award was picked from a total of six finalists&#58; DuPont Industrial Biosciences, Praj Industries, Propel Fuels, Targray, Alcol Biotech and UPM Biofuels.</p> <p class="hugin">&quot;It's a great honour to receive this recognition of leadership in the bioenergy industry from the S&amp;P Global Platts organisation, which is highly valued in the energy industry. It gives credit to the whole UPM Biofuels team that has managed to make significant progress in sustainable advanced biofuels,&quot; says <b class="hugin">Sari Mannonen</b>, Vice President of UPM Biofuels.</p> <p class="hugin"><img alt="" class="hugin" height="353" id="Picture 1" src="https&#58;//hugin.info/165629/I/2154842/124392.jpg" width="627" /></p> <p class="hugin"><i class="hugin">UPM's Sari Mannonen (2<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">nd</sup> from right) received the Bioenergy Industry Leader Award from Platts representatives in New York.</i></p> <p class="hugin">UPM Biofuels won praise for its commitment to sustainability and ability to utilise forest industry residue as a raw material for its advanced biofuels production. Using wood-based residues as raw material to produce sustainable drop-in biofuels is a fast track solution for reducing greenhouse gas and tailpipe emissions from transportation.</p> <p class="hugin">The Global Energy Awards are now in their 19<sup class="hugin" style="vertical-align&#58;text-top;font-size&#58;0.8em;">th</sup> year recognising top performers, industry leaders and innovators in the energy industry. The award ceremony took place in New York on December 7, 2017.</p> <p class="hugin">Read more about the Platts Global Energy Award at <a class="hugin" href="http&#58;//geaweb.platts.com/" target="_blank">http&#58;//geaweb.platts.com</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Sari Mannonen, Vice President, UPM Biofuels, tel. +358 45 265 1345</p> <p class="hugin"><img alt="" border="0" class="hugin" height="202" id="Picture 3" src="https&#58;//hugin.info/165629/I/2154842/124393.jpg" width="627" /></p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM Biofuels</b><br class="hugin">UPM plans to become a major player in high quality, advanced biofuels for transport. Biofuels are an essential part of the Biofore strategy. The innovative wood-based biofuels developed by the company and their production technologies are part of a sustainable future. UPM's biofuels are frontrunners in quality, usability and sustainability. They will significantly decrease greenhouse gas and tailpipe emissions compared to fossil fuels. <a class="hugin" href="/" target="_blank">www.upmbiofuels.com</a></p> <p class="hugin">Follow UPM Biofuels on <a class="hugin" href="https&#58;//twitter.com/UPM_Biofuels" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPM-Biopolttoaineet-328642547332048/" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/playlist?list=PLJwXrjw5FtwHDcos7UjxvktVuYXNfMkWo" target="_blank">YouTube</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">UPM leads the forest-based bioindustry into a sustainable, innovation-driven and exciting future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. UPM provides sustainable and safe solutions to the growing global consumption. Products are made of renewable and recyclable materials. The group employs around 19,300 people worldwide and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM supports schooling opportunities of young people at risk of social exclusionSystem Account2017-11-20T11:30:00Z<p class="hugin">(UPM, Helsinki, 20 November 2017 at 11.30 EET) -UPM supports young people whose secondary education is at risk due to the family's low income through Eväitä Elämälle programme by Save the Children organisation. UPM's support is targeted at buying learning materials so that young people can continue their studies regardless of the family's financial situation. The study materials aid will be directed to the local associations of the Save the Children organisation.</p> <p class="hugin">In Finland, 15 per cent of young people have not completed upper secondary education by the age of 25. Nearly half of the young people without qualification or education have had to cut or drop their studies due to lack of money. The costs of upper secondary education are caused by learning materials in particular. Study materials aid is provided for the textbooks and other materials, such as work equipment, used at secondary schools and vocational institutions. The goal is that the beneficiaries can complete a matriculation examination or a vocational qualification.</p> <p class="hugin">&quot;As a sponsor of Eväitä Elämälle programme we are promoting equality and inclusion among young people as well as increasing their opportunities to build future in their chosen studies. This is important for the young themselves but also for society as a whole and for its wellbeing, &quot;says <b class="hugin">Pirkko Harrela</b>, Executive Vice President, Stakeholder Relations at UPM.</p> <p class="hugin">&quot;Under the Eväitä Elämälle programme, 1,458 children from low-income families received aid for learning materials and hobbies from Save the Children last year. Our recent study shows clearly that the schooling costs are a problem for many. Nearly 60 per cent of the respondents felt that the costs of secondary education have caused them or their families financial challenges,&quot;says <b class="hugin">Hanna Markkula-Kivisilta</b>, Secretary General from Save the Children Finland.</p> <p class="hugin">UPM's societal engagement activities are closely connected to our Biofore strategy and responsibility targets. UPM focuses on projects that are relevant to both UPM's business and responsibility goals. The focus areas of UPM's Biofore Share and Care programme are&#58; Reading &amp; Learning, Engaging with communities, Responsible water use and Boosting bioinnovations. Read more on Biofore Share and Care programme on UPM <a class="hugin" href="http&#58;//www.upm.com/Responsibility/people-society/sponsorships-donations/Pages/default.aspx" target="_blank">website</a>.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Pirkko Harrela, EVP, Stakeholder Relations, UPM, <a class="hugin" href="mailto&#58;pirkko.harrela@upm.com" target="_blank">pirkko.harrela@upm.com</a>, tel. +358 2041 50588<br class="hugin">Hanna Markkula-Kivisilta, Secretary General, Save the Children Finland, <a class="hugin" href="mailto&#58;hanna.markkula-kivisilta@pelastakaalapset.fi" target="_blank">hanna.markkula-kivisilta@pelastakaalapset.fi</a>, tel. +358 50 462 1148</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">Save the Children Finland</b><br class="hugin">Save the Children Finland is a politically and religiously independent non-governmental organization founded in 1922, which fights for children's rights in order to immediately and permanently improve children's lives in Finland and all over the world. Save the Children Finland is part of the Save the Children organization, which operates in over 100 countries to improve children's lives. Our vision is a world where every child has the right to live, to be protected, to develop and to participate. Our mission is to improve the way children are treated and to immediately and permanently improve children's lives. Additional information&#58; <a class="hugin" href="http&#58;//www.pelastakaalapset.fi" target="_blank">www.pelastakaalapset.fi</a> </p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">UPM leads the forest-based bioindustry into a sustainable, innovation-driven and exciting future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. UPM provides sustainable and safe solutions to the growing global consumption. Products are made of renewable and recyclable materials. The group employs around 19,300 people worldwide and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM receives an A score for CDP's Water and Forests ProgramsKristiina Stenman, UPM2017-10-25T11:00:00Z<p>​(UPM, Helsinki, 25 October 2017 at 09.30 EET) - UPM has been positioned on this year's A List for water and forests by CDP, the non-profit global environmental disclosure platform. CDP's A List comprises companies from around the world that have been identified as leading in their efforts and actions to combat environmental risk in the past CDP reporting year. Of the companies that submitted information, UPM is one of the only four companies to score an A on both water and forests.<br><br>&quot;UPM is committed to the internationally accepted principles of sustainable forest management and to minimise the negative impacts of its operations on water resources,&quot; says <strong>Tuomas Niemi</strong>, Manager, UPM Environment and Responsibility. <br> <br>&quot;We aim to maximise our total contribution to society by creating long-term profitable business with responsible practises embedded into our operations and value-chain&quot;, Niemi continues. <br> <br>&quot;Congratulations to all the companies that made it onto the A List this year. It's inspiring to see so many taking bold action to mitigate environmental risks and grasp the opportunities that come with the transition to a sustainable economy. These companies are driving the transition as we approach a tipping point on environmental action&quot;, says Paul Dickinson, Executive Chair, CDP.<br> <br>CDP publishes A-D scores across climate, water and forests for over 3,000 major corporates, with the leaders celebrated on the A List. <br> <br>This is the first year that CDP has announced company scores across all three areas simultaneously, reflecting a holistic approach to corporate sustainability. Thousands of companies submit annual environmental disclosures to CDP for independent assessment at the request of 827 investors with assets of over US$100 trillion.<br> <br>The A-List and full company scores are available on CDP's website&#58; <a href="https&#58;//www.cdp.net/en/scores-2017">https&#58;//www.cdp.net/en/scores-2017</a></p><p><strong>For further information please contact&#58;</strong><br><strong>Tuomas Niemi</strong>, Manager, Standards, UPM, Environment and Responsibility, tel. +358 40 7388 137<br> <br><strong>UPM, Media Relations </strong><br>9.00-16.00 EET<br>tel. +358 40 588 3284 <br><a href="mailto&#58;media@upm.com">media@upm.com</a><br><br> <br><strong>About UPM</strong><br>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a><br>&#160;<br>Follow UPM on <a href="https&#58;//twitter.com/UPM_News"><span style="text-decoration&#58;underline;">Twitter</span></a> | <a href="https&#58;//www.linkedin.com/company/upm-kymmene"><span style="text-decoration&#58;underline;">LinkedIn</span></a> | <a href="https&#58;//www.facebook.com/UPMGlobal"><span style="text-decoration&#58;underline;">Facebook</span></a> | <a href="https&#58;//www.youtube.com/user/upmdotcom"><span style="text-decoration&#58;underline;">YouTube</span></a> | <a href="https&#58;//www.instagram.com/upmbiofore/"><span style="text-decoration&#58;underline;">Instagram</span></a> | <a href="http&#58;//upmbiofore.com/"><span style="text-decoration&#58;underline;">upmbiofore.com</span></a><br> <br><strong>About CDP</strong><br>CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$100 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 6,300 companies with some 55% of global market capitalization disclosed environmental data through CDP in 2017. This is in addition to the over 500 cities and 100 states and regions who disclosed, making CDP's platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean Business Coalition. Please visit <a>www.cdp.net or</a> follow us @CDP to find out more.<br></p>GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
EU Commission VP Maros Šefcovic visits UPM Kaukas: focus on renewable energy and climate change mitigationSystem Account2017-10-13T10:00:00Z<p class="hugin">(UPM, Helsinki, 13 October 2017 at 10&#58;00 EET) - UPM was honoured to welcome European Commission Vice President <strong class="hugin">Maroš Šefcovic</strong>, responsible for the Energy Union, to the UPM Kaukas Mill site in Lappeenranta Finland today. The visit was hosted by UPM's President and CEO, <strong class="hugin">Jussi Pesonen</strong>.</p> <p class="hugin">During the visit UPM presented its UPM Biofore strategy designed to create sustainable solutions and new innovations from renewable raw materials that provide options to reduce emissions and mitigate climate change. </p> <p class="hugin">Pesonen called for EU regulation that ensures the right framework for companies to invest and provide innovative solutions to reduce emissions.</p> <p class="hugin">&quot;The European Union has set a target to be the world leader in renewable energy in the 2020s. UPM is definitely able to support this ambitious goal. Therefore it is of the utmost importance that EU institutions provide long-term regulatory certainty, clear rules on biomass sustainability, and a framework for the increased use of sustainable advanced biofuels in transport,&quot; says Pesonen. </p> <p class="hugin">The EU Commission Vice President toured the UPM Kaukas Mill complex - a unique and versatile bioindustry site producing pulp, paper, timber and biofuels out of renewable wood-based raw materials. The site also encompasses a UPM Research Centre and a UPM Wood Sourcing and Forestry unit. </p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Marko Janhunen, Vice President, Stakeholder Relations, Biorefining, tel. +358 204 15 0572&#160; </p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284<br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Biofuels chosen as a finalist in the Platts Global Energy Awards 2017Anneli Kunnas, UPM2017-09-27T10:00:00Z<p class="hugin">(UPM, Helsinki, 27 September 2017 at 10&#58;00 EET) - UPM Biofuels is one of six finalists for the Industry Leadership category in Bioenergy at the 2017 Platts Global Energy Awards - often described as the Oscars of the energy industry. UPM Biofuels is nominated for its wood-based low emission advanced UPM BioVerno biofuels, and its one-of-a-kind commercial scale biorefinery in Lappeenranta, Finland.<img class="hugin" id="Picture 1" src="/PublishingImages/whats-new/upm-biofuels-sp-global-platts.jpg" alt="" style="width&#58;984px;margin-left&#58;0px;" />The Platts Global Energy Awards honour organisations and individuals who are dedicated to achieving excellence in the energy industry, recognising top performers - industry leaders and innovators in the energy industry.</p> <p class="hugin">The Bioenergy Industry Leader Award recognises a recent innovation in bioenergy that is market competitive, ecologically sound and minimises undesirable environmental impacts. The nominees must be producing or enhancing the application of bioenergy solutions. The judging criteria include challenges, financial results, innovation, leadership and operational excellence.</p> <p class="hugin">&quot;Being nominated for this prestigious award recognises that our team at UPM Biofuels has managed to make significant progress in sustainable advanced biofuels. Using wood-based residues for raw material to produce sustainable drop-in biofuels is a fast track for reducing greenhouse gas and tailpipe emissions from transportation,&quot; says <b class="hugin">Sari Mannonen</b>, Vice President, UPM Biofuels.<img width="570" height="321" class="hugin" id="Picture 2" src="https&#58;//hugin.info/165629/I/2137195/122210.jpg" alt="" style="margin-left&#58;0px;" />Platts received more than 200 nominations from more than 25 countries including Brazil, India, Saudi Arabia, South Africa, Europe, Russia, Argentina, China, Pakistan, Bangladesh, Thailand, and the United States. Finalists were chosen by an independent panel of judges including former regulators, past heads of major energy companies, leading academics and international energy experts. The winners will be announced at this year's award ceremony in New York on December 7.<br><br>Read more about the Platts Global Energy Award from <a class="hugin" href="http&#58;//geaweb.platts.com/" target="_blank">http&#58;//geaweb.platts.com</a><br><br><b class="hugin">For further information please contact&#58;</b><br class="hugin">Sari Mannonen, Vice President, UPM Biofuels, tel. +358 45&#160;265 1345</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM Biofuels</b><br class="hugin">UPM plans to become a major player in high quality, advanced biofuels for transport. Biofuels are an essential part of the Biofore strategy. The innovative wood-based biofuels developed by the company and their production technologies are part of a sustainable future. UPM's biofuels are frontrunners in quality, usability and sustainability. They will significantly decrease greenhouse gas and tailpipe emissions compared to fossil fuels. <a class="hugin" href="/" target="_blank">www.upmbiofuels.com</a><br><br>Follow UPM Biofuels on <a class="hugin" href="https&#58;//twitter.com/UPM_Biofuels" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPM-Biopolttoaineet-328642547332048/" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/playlist?list=PLJwXrjw5FtwHDcos7UjxvktVuYXNfMkWo" target="_blank">YouTube</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" target="_blank">www.upm.com<br><br><span class="ms-rteThemeForeColor-3-0">Follow UPM</span> <span class="ms-rteThemeForeColor-3-0">on</span> </a><a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM listed as the industry leader in the global Dow Jones Sustainability Index Minna Kumpu, Tulus Oy2017-09-07T09:00:00Z<p class="hugin">(UPM, Helsinki, 7 September 2017 at 09.00 EET)&#160; - UPM has been listed as the forest and paper industry leader in the in the Dow Jones European and World Sustainability Indices (DJSI) for 2017-2018 for the fifth time.</p> <p class="hugin">&quot;Responsibility is one of the key elements of UPM's Biofore strategy. Compliance, integrity and sustainability are strongly guiding everything we do,&quot; says <b class="hugin">Pirkko Harrela</b>, Executive Vice President, UPM Stakeholder Relations. </p> <p class="hugin">&quot;We promote responsible practices throughout the value chain and are active in finding sustainable solutions in co-operation with our customers, suppliers and partners. Creating value for society both as a company and through our products is essential for us,&quot; Harrela continues. </p> <p class="hugin">The annual Corporate Sustainability Assessment is conducted by an investment specialist RobecoSAM, and is based on a rigorous analysis of economic, environmental and social performance of the world's leading companies, assessing issues covering climate change strategies, supply chain standards, labour practices, corporate governance and risk management. The DJSI follows a best-in-class approach, recognising companies across all industries that outperform their peers in sustainability metrics. </p> <p class="hugin"><img class="hugin" src="/PublishingImages/whats-new/dow-jones-news-liftup.jpg" alt="" style="margin-left&#58;0px;" /></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b><br class="hugin">Sami Lundgren, Vice President, UPM, Environment and Responsibility, tel. +358 40 580 0910</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">About UPM</b></p> <p class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="http&#58;//upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#c72b848f-2cb3-4c62-ac14-e72f6f391f59;L0|#0c72b848f-2cb3-4c62-ac14-e72f6f391f59|Investor news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM Biofuels website has been updatedElina Räihä, UPM2017-08-31T11:00:00Z<p>Our website has recently got a new updated look and feel. The site now brings out our product portfolio more widely&#58; The renewable UPM BioVerno nafta has got its own product page on beside by UPM BioVerno. In addition the website now rightly highlights our sustainability story and certification-related themes.<br> <br>We wish the update will serve our potential customers even more profoundly then before. At the same time we aim to present our products, production processes and sustainability themes more extensively also to the end users. </p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Leaders of Sustainable Biofuels nominate Marko Janhunen from UPM as the new Chair Anni Pakkala, Tulus Oy2017-07-06T15:00:00Z<h4><img src="/PublishingImages/Blogs/lsb-logo-jpg.jpg" alt="" style="margin&#58;0px 5px 0px 0px;" />“Let’s enable sustainable, advanced biofuels to contribute to decarbonising the EU transport sector”</h4><p>Leaders of Sustainable Biofuels (LSB) nominated Marko Janhunen, Vice President, Stakeholder Relations, UPM Biorefining as Chair for the upcoming year at their Annual General Meeting in Brussels in June, 2017. Marko takes over the Chair from Gloria Gaupmann, Public Affairs Group Biotechnology, Clariant, who acted as an interim Chair since November 2016. </p><p>LSB is a coalition of leading advanced biofuels producers and technology developers committed to making a significant contribution to meeting EU ambitions of decarbonizing the transport sector. Advanced biofuels bring multiple benefits in terms of CO2 reduction, investments, revenues for farmers and forestry, improved waste management practices, job creation and an increase in energy security. </p><p><strong>Marko Janhunen</strong> stated after his nomination&#58;&#160; “This is an exciting year for advanced biofuels in the European Union. The Commission proposal on the review of the Renewable Energy Directive released last November paved the way for advanced biofuels to play a strong role in decarbonising EU transport. Now it is up to the EU Parliament and the EU Council to&#160; confirm the advanced biofuels target and stimulate further private investments in the sector”.</p><p><img class="ms-rtePosition-2" src="/PublishingImages/Blogs/Marko-Janhunen2.jpg" alt="" style="margin&#58;5px 5px 5px 0px;" />LSB is working closely with the European Parliament and the Member States to provide credible information on the potential of advanced biofuels in the European Union. </p><p>LSB supports a dedicated and defined&#160; target for advanced biofuels, as proposed by the Commission in the form of the Annex IX part A mandate, and the related feedstock list. “A specific advanced biofuels target based on the unchanged Annex IX Part A is necessary for generating investment and investor security for advanced biofuels based on innovative technologies using sustainable feedstock”, Marko Janhunen continued. </p><p><strong>For further information please contact&#58; </strong><br>Marko Janhunen, LSB Chair, <a href="mailto&#58;marko.janhunen@upm.com">marko.janhunen@upm.com</a>, tel. <span class="baec5a81-e4d6-4674-97f3-e9220f0136c1" style="white-space&#58;nowrap;">+358 50 590 0047<a title="Call&#58; +358 50 590 0047" href="#" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;"><img title="Call&#58; +358 50 590 0047" alt="" style="margin&#58;0px;border&#58;currentcolor;left&#58;0px;top&#58;0px;width&#58;16px;height&#58;16px;right&#58;0px;bottom&#58;0px;overflow&#58;hidden;vertical-align&#58;middle;float&#58;none;display&#58;inline;white-space&#58;nowrap;position&#58;static !important;" /></a></span></p><h3>Leaders of Sustainable Biofuels</h3><p>LSB is a coalition of leading advanced biofuel technology developers and producers committed to making a significant contribution to meeting the EU ambitions of decarbonizing the transport sector. Sustainable advanced biofuels are a fast track solution for decarbonizing transport. Advanced biofuels bring multiple benefits in terms of CO2 reduction, investments, revenues for farmers and forestry, improved waste management practices, job creation and an increase in energy security.</p><h3>UPM</h3><p>Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a href="http&#58;//www.upm.com/">www.upm.com</a></p><p>Follow UPM on <a href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p><h3>UPM Biofuels</h3><p>UPM plans to become a major player in high quality, advanced biofuels for transport. Biofuels are an essential part of the Biofore strategy. The innovative wood-based biofuels developed by the company and their production technologies are part of a sustainable future. UPM's biofuels are frontrunners in quality, usability and sustainability. They will significantly decrease greenhouse gas and tailpipe emissions compared to fossil fuels. <a href="/">www.upmbiofuels.com</a></p><p>Follow UPM Biofuels on <a href="https&#58;//twitter.com/UPM_Biofuels" target="_blank">Twitter</a> | <a href="https&#58;//www.facebook.com/UPM-Biopolttoaineet-328642547332048/" target="_blank">Facebook</a> | <a href="https&#58;//www.youtube.com/playlist?list=PLJwXrjw5FtwHDcos7UjxvktVuYXNfMkWo" target="_blank">YouTube</a></p>GP0|#ee3a8c1f-9811-4d10-aaa0-493f0ed07a23;L0|#0ee3a8c1f-9811-4d10-aaa0-493f0ed07a23|Other news;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
UPM tests Carinata sequential cropping concept as part of Biofuels future developmentElina Räihä, UPM2017-06-28T15:00:00Z<p class="hugin">(UPM, Helsinki, 28 June 2017 at 15&#58;00 EET) - UPM Biofuels is developing a new feedstock concept by growing Brassica carinata as a sequential crop in South America. The Carinata crop produces non-edible oil suitable for biofuels' feedstock and protein for animal feed.</p> <p class="hugin">The sequential cropping concept enables contract farmers to take agricultural land into use outside the main cultivation period, in winter time, without compromising existing food production. This does not cause any land use change, prevents erosion and improves soil quality. Carinata will provide additional income to local farmers, who do not normally have their fields in productive use during winter. In South America UPM grows and tests Carinata with third-party farmers in Uruguay and Brazil.&#160; </p> <p class="hugin"><img width="600" height="400" class="hugin" id="Picture 2" src="https&#58;//hugin.info/165629/I/2116208/119250.jpg" alt="" style="margin-left&#58;0px;" /></p> <p class="hugin"><i class="hugin">Carinata field seeded in early May 2017 in Uruguay. </i></p> <p class="hugin">Carinata is an oilseed crop specially designed for sustainable production of biofuels. UPM has made a long term agreement with Canada-based Brassica Carinata crop developer Agrisoma Biosciences Inc. who utilise non-GMO technologies to improve crop varieties. </p> <p class="hugin">&quot;Sustainable land use is UPM's core competence. We are developing this sequential cropping concept with Carinata as it provides new feedstock solutions for low carbon biofuels without compromising existing food production,&quot; says <b class="hugin">Petri Kukkonen</b>, Head of UPM Biofuels Development. </p> <p class="hugin">Biofuels produced from Carinata oil reduce greenhouse gas emissions by over 70% compared to fossil fuels.&#160; </p> <p class="hugin">&quot;Exploring new feedstocks is part of UPM Biofuels' long term development. In addition to the Carinata concept, UPM studies waste and residue as well as wood-based feedstocks for biofuels,&quot; says Kukkonen. </p> <p class="hugin">The Carinata concept has no direct impact on the operations of UPM's Lappeenranta Biorefinery in Finland.</p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b> <br class="hugin">Petri Kukkonen, Vice President, Biofuels Development<br class="hugin">e-mail&#58; petri.kukkonen@upm.com&#160; <br class="hugin">tel. +358 40&#160;592 7440</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM Biofuels</b><br class="hugin">UPM plans to become a major player in high quality, advanced biofuels for transport. Biofuels are an essential part of the Biofore strategy. The innovative wood-based biofuels developed by the company and their production technologies are part of a sustainable future. UPM's biofuels are frontrunners in quality, usability and sustainability. They will significantly decrease greenhouse gas and tailpipe emissions compared to fossil fuels. <a class="hugin" href="/" target="_blank">www.upmbiofuels.com</a></p> <p class="hugin">Follow UPM Biofuels on <a class="hugin" href="https&#58;//twitter.com/UPM_Biofuels" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPM-Biopolttoaineet-328642547332048/" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/playlist?list=PLJwXrjw5FtwHDcos7UjxvktVuYXNfMkWo" target="_blank">YouTube</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Ecofys study on Crude Tall Oil markets and availability: sufficient supply for advanced biofuels, biomaterials and energy usageSystem Account2017-06-20T13:00:00Z<p class="hugin">(UPM, Helsinki, 20 June 2017 at 13&#58;00 EET) - UPM Biofuels commissioned a study from leading international energy and climate consultancy Ecofys - A Navigant Company, entitled &quot;<b class="hugin">Crude tall oil low ILUC risk assessment&#58; comparing global supply and demand&quot;.</b> The study looked into crude tall oil (CTO) availability, current usage, whether the feedstock creates an additional demand for land, and whether the use of CTO in advanced biofuels can cause distortive effects in the markets.</p> <p class="hugin">The recently conducted Ecofys study concludes that &quot;the <i class="hugin">CTO market is not overly tight and potential surplus of about 850,000 tonnes of CTO is still available that could be tapped into&quot;</i>. The total potential CTO supply is around 2.6 million tonnes. Current actual CTO demand is approximately 1.75 million tonnes, of which about 1.4 million tonnes is used by distillers and roughly 230,000 tonnes for biofuels. Ecofys also concludes that <i class="hugin">&quot;CTO use for biofuels did not cause displacement effects elsewhere, and hence CTO, a non-land using process residue, is a low ILUC (Indirect Land Use Change) risk material.&quot;</i></p> <p class="hugin"><img alt="" class="hugin" height="418" id="Picture 1" src="https&#58;//hugin.info/165629/I/2114413/118994.jpg" width="627" /></p> <p class="hugin">UPM considered it necessary to investigate the impact of UPM Biofuels' market entry, and to verify whether UPM BioVerno production may have impacted negatively on the CTO market. The study brings necessary information into the debate concerning raw material availability for various end-uses such as advanced biofuels and biomaterials.</p> <p class="hugin">Current debate relating to the EU's Renewable Energy Directive puts raw material availability of feedstock into focus as most materials tend to have alternative usage. &quot;It is important to UPM that we can showcase that our entry into the markets has had limited impacts on the overall market, while it has enabled UPM to become the key producer of wood-based biofuels and products for the biochemical industry. We believe there is tremendous innovation potential in advanced biofuels,&quot; says <b class="hugin">Marko Janhunen</b>, Vice President, Stakeholder Relations from UPM Biorefining. </p> <p class="hugin"><img alt="" class="hugin" height="400" id="Picture 2" src="https&#58;//hugin.info/165629/I/2114413/118995.jpg" width="600" /></p> <p class="hugin">This research was a follow-up to an earlier study from 2013 that looked into the same issues but this was before UPM began production of renewable diesel from CTO. In 2013, the study concluded that <i class="hugin">&quot;sufficient quantities of CTO are available for biodiesel production without the risk to cause Indirect Land Use Change and that CTO should be regarded as residue&quot;. </i>The new Ecofys study proved that the assumptions made in the earlier report were correct and UPM has created a new value chain parallel to existing ones.</p> <p class="hugin">&quot;UPM entered the advanced biofuels business in 2015 and became the world's first producer of renewable diesel on a commercial scale from wood by tapping into our own pulp mill residue, Crude Tall Oil. Our entry has been a success, and we continue to investigate new technologies and feedstock,&quot; Janhunen concludes. </p> <p class="hugin">UPM Biofuels is the only biofuel producer that has, in addition to national certification, received both RSB (Roundtable on Sustainable Biomaterials) and ISCC (International Sustainability and Carbon Certification) certifications. This is very strong proof of the sustainability of all UPM Biofuels operations.</p> <p class="hugin"><b class="hugin">Link to study</b>&#58; <a class="hugin" href="/whats-new/other-publications/Documents/Publications/ecofys-crude-tall-oil-low-iluc-risk-assessment-report.pdf" target="_blank">Ecofys - Crude tall oil low ILUC risk assessment report</a></p> <p class="hugin"><b class="hugin">For further information please contact&#58;</b> <br class="hugin"><b class="hugin">Marko Janhunen</b>, Vice President, Stakeholder Relations, UPM Biorefining, tel. +358 50&#160;590 0047, <a class="hugin" href="mailto&#58;marko.janhunen@upm.com" target="_blank">marko.janhunen@upm.com</a></p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM Biofuels</b><br class="hugin">UPM plans to become a major player in high quality, advanced biofuels for transport. Biofuels are an essential part of the Biofore strategy. The innovative wood-based biofuels developed by the company and their production technologies are part of a sustainable future. UPM's biofuels are frontrunners in quality, usability and sustainability. They will significantly decrease greenhouse gas and tailpipe emissions compared to fossil fuels. <a class="hugin" href="/" target="_blank">www.upmbiofuels.com</a></p> <p class="hugin">Follow UPM Biofuels on <a class="hugin" href="https&#58;//twitter.com/UPM_Biofuels" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPM-Biopolttoaineet-328642547332048/" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/playlist?list=PLJwXrjw5FtwHDcos7UjxvktVuYXNfMkWo" target="_blank">YouTube</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - <a class="hugin" href="http&#58;//www.upm.com/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin">Follow UPM on <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#81853a22-b160-4cb3-8242-e79183473299;L0|#081853a22-b160-4cb3-8242-e79183473299|Press release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx